In 1973, Bassett and twenty-six others purchased the
Ottawa Nationals of the World Hockey Association for $1.8 million after which the team was moved to Toronto, where it was renamed the
Toronto Toros. After three seasons in Toronto, Bassett moved the Toros to
Birmingham, Alabama, in 1976, renaming them the
Birmingham Bulls. The Bulls operated in Birmingham until 1979, when four of the six surviving WHA clubs (
Edmonton Oilers,
New England Whalers,
Quebec Nordiques, and
Winnipeg Jets) were absorbed into the
National Hockey League. The Bulls and the
Cincinnati Stingers were not included in the merger/expansion agreement. From 1984, Bassett sparred with
New Jersey Generals owner
Donald Trump over the league's schedule. Trump favored moving the USFL to a fall schedule, while Bassett held fast to the USFL's original concept as a spring league. When a majority of the USFL's team owners voted to go head-to-head with the NFL in the fall, Bassett announced he was pulling the Bandits from the USFL and starting another spring league for competition, at one point—possibly driven by cancer-induced delirium—suggesting his league's teams would play multiple sports. CFL Commissioner
Douglas Mitchell denied Bassett's team entry into the league due to its U.S. location, although the CFL later expanded into the United States (1993–95). He sold his stake in the Bandits in 1985. While the USFL defeated the NFL in the United States District Court for the Southern District of New York in an antitrust lawsuit under U.S. federal law, the league was awarded only $3 in compensatory damages. ==Honours==